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b_b  ·  2912 days ago  ·  link  ·    ·  parent  ·  post: Wall Street values Tesla at $620,000 per car

And the consensus price target is like $270 or something. I understand that even less than I understand the actual price. Even if you thought that Tesla was going to overtake one of the big companies, they still have a lot of units to move before their valuation looks anything like rational, so their long term stock price growth should be stagnant at best.

Also, "intend" is a bit strong. I might say, "claim to be able". Let's be frank that nobody really knows if they can actually deliver at anywhere near the price they're projecting, and they're only going to continue to face more and more competition every year. I hate to put it so bluntly, but I think anyone who's staked a huge amount of money on TSLA kind of deserves to lose it. They had to raise almost a billion dollars last year in new stock issues to stay afloat, and the price actually went up.